Global asset manager Schroders brings emerging market bond fund to Solana
The global asset manager, which oversees $1.1 trillion in assets, is bringing an actively managed bond strategy onchain through tokenization specialist Centrifuge.
Global
Samsung taps Solana and Sui to launch zero-fee USDC global remittances on 82 million phones
Through this integration, users will be able to send Circle’s stablecoin, USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing. Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMF’s… Read More
Arbitrum joins Paxos-led Global Dollar Network as USDG lands on Ethereum L2
Arbitrum is joining the Global Dollar Network, the Paxos-led stablecoin consortium behind USDG, as the Ethereum layer-2 network looks to capture a slice of the economics from the stablecoins already circulating on its rails. USDG has launched on Arbitrum on Tuesday with integrations spanning trading,… Read More
European stablecoin issuer Qivalis sees transformation of global trade finance
Qivalis, the independent euro-pegged stablecoin builder with a growing number of banks as shareholders in the project, has also been undergoing a transformation. Sell notes that one year ago he was the only employee; now Qivalis has grown to about 40 staffers and is close… Read More
S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security
S&P Global (SPGI) said Thursday it has agreed to buy OpenZeppelin, a smart-contract security firm whose open-source code library is used across much of the stablecoin and tokenized-fund market. S&P said contracts built with the library have moved more than $37 trillion over time. Terms… Read More
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.